GC Sellers taking over
Weekly chart, P.A suggest rejection into monthly resistance. 2 inverted hammers on above average volume.
daily chart, RSI broke major 60 days support. Also price below a defining trend line indicating bears taking control.
240min chart, broke a 3 day trend-line and closed below weekly resistance. bears in control.
60min chart, suggest sell upon break of 1486.7 and close below OR look to sell rallies into 1502-1505 area post P.A confirmation.
If violated then next weekly resistance is at 1522-1526.
daily chart, RSI broke major 60 days support. Also price below a defining trend line indicating bears taking control.
240min chart, broke a 3 day trend-line and closed below weekly resistance. bears in control.
60min chart, suggest sell upon break of 1486.7 and close below OR look to sell rallies into 1502-1505 area post P.A confirmation.
If violated then next weekly resistance is at 1522-1526.
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